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Great Bullish Potential on NZDCHF by ThinkingAntsOk
New Zealand Dollar/Swiss Franc
Great Bullish Potential on NZDCHF by ThinkingAntsOk
By ThinkingAntsOk
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May 29, 2020
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May 29, 2020
Main items we can see on the 8HS chart:
a)
The price is on the lower zone of the descending channel
b)
Also, the price is supported by a strong bullish Area (Massive Support zone)
c)
We can observe that an ABC Zig-Zag pattern has been broken and now the price is between the broken trendline and the next descending trendline
d)
Based on this we expect a bullish movement towards the next level at 0.63000
chf
Forex
Multiple Time Frame Analysis
NZD
NZDCHF
Support and Resistance
swingtrading
Trend Analysis
ThinkingAntsOk
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